In the U.S., the roles of CEO and board chair are ________.

Question

Quizplus · Accepted Answer

In the U.S., the roles of CEO and board chair are distinct, meaning they are usually not performed by the same person. The board of directors oversees the CEO and makes important decisions for the company, while the CEO is responsible for day-to-day operations and implementing the board's decisions. Keeping these roles separate helps to ensure a balance of power and prevents conflicts of interest. While some companies may have the same person serving as both CEO and board chair, it is not the norm.

In the US, the Roles of CEO and Board Chair Are ________